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lew, and he trust jack lew. if you look at all of these cabinet appointments that we've seen and some to come, it is about the president's comfort level in the second term. >> he was just re-elected, he's the president of the united states. he deserves to be comfortable. if you can hold on, we still haven't received that famous two-minute warning. we'll take a quick two-minute break and be right back. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> we waiting for the president of the united states to walk into the east room of the white house. we'll show you a picture now. he's going to nominate jack lew as white house chief of st
lew, and he trust jack lew. if you look at all of these cabinet appointments that we've seen and some to come, it is about the president's comfort level in the second term. >> he was just re-elected, he's the president of the united states. he deserves to be comfortable. if you can hold on, we still haven't received that famous two-minute warning. we'll take a quick two-minute break and be right back. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my...
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so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> things are looking up for the u.s. economy. let's hope our politicians don't bring it down. from the cnn money newsroom, in new york, i'm ali velshi. this is your money. walmart reverses itself on gun violence meeting. do you know who jack lew is? you will soon. more nightmares on the dreamliner. and america is on track to prosper if we just let it. but, first, that walmart story. the change of heart. vice president jo
so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how...
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jack lew understands budgets. the fact of the matter is, this is a guy that can speak the right language when the biggest crisis in washington right now is the fact that there's an absence of a budget. >> okay. so, ali, that's a great point. when i heard you talk about this before it was the one thing that you said that i kind of disagreed with. look, we have a fiscal crisis on our hands, we have a debt crisis. if you look at his performance in the last few years in terms of running the budget office and being the chief of staff for the president, the debt crisis has gotten much worse. i don't look at that reference and say, gee, this is a guy who is really going to fix the problem and i do think what we need in washington is he's been in washington in and out of government for 25 years and i guess my philosophy is, why not bring in some new faces, granted they are going to have the president's philosophy but maybe looking at new approaches to bringing this enormous debt down. >> steve, do you remember his record
jack lew understands budgets. the fact of the matter is, this is a guy that can speak the right language when the biggest crisis in washington right now is the fact that there's an absence of a budget. >> okay. so, ali, that's a great point. when i heard you talk about this before it was the one thing that you said that i kind of disagreed with. look, we have a fiscal crisis on our hands, we have a debt crisis. if you look at his performance in the last few years in terms of running the...
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i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >> john kerry, secretary of state. we've got a lot of white males, shall we say, chuck hagel, we have pictures up there. jack lew, eric holder is over at the justice department. he's not a white male. he's an african-american. but no women. >> men. men. >> i want to put up another picture of the seen yr staff, if you will. there you you he sue the staff. there's been mur muring that there's not enough women part of this white house, the inner circle. what are folks saying about that? >> the visual you just showed with the four cabinet members being men, th
i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >>...
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and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed jack's signature. and when this was highlighted yesterday in the press, i considered rescinding my offer to appoint him. jack assures me that he is going to work to make at least one lett lett letter legible, should he be confirmed as secretary of treasury. >> this is what his signature would actually look like on the dollar bill. that's just awful. >> is it third grade when they focus on your handwriting skills and penmanship? maybe he can sit in on a class. >> the treasury secretary wants to audit your class. >>> nine minutes past the hour. yesterday we brought you the l
and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed...
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the nomination of jack lew is expected to be announced this afternoon. lew is considered a budget expert. he's had two stints as director of the office of management and budget. >>> afghanistan's president, hamid karzai, will receive full military honors when he visits the pentagon this morning for a meeting with defense secretary leon panetta. he is expected they will -- or it's expected that they will discuss the american troop situation in afghanistan after the nato combat mission officially ends next year. tomorrow karzai meets with president obama. >>> all right, so it won't take long to cover the entire list of new inductees to baseball's hall of fame because there are none. one of the big reasons, of course, the steroid era. baseball writers voted to keep roger clemens, barry bonds and sammy sosa out of the hall of fame for now. i think the biggest injustice was to craig biggio. he came the closest. i think next year he'll get in. >>> check out this fan during last night's college basketball game. look, he shoved unlv guard anthony marshall after
the nomination of jack lew is expected to be announced this afternoon. lew is considered a budget expert. he's had two stints as director of the office of management and budget. >>> afghanistan's president, hamid karzai, will receive full military honors when he visits the pentagon this morning for a meeting with defense secretary leon panetta. he is expected they will -- or it's expected that they will discuss the american troop situation in afghanistan after the nato combat mission...
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nonetheless, jack lew, widely expected to get confirmed. >> i am sure we are only beginning to hear the bonafides and the criticism. it's his signature. if he becomes the treasury secretary, that thing is go to be everywhere. it is that series of crazy loop deloos. aren't they talking about this being an issue? >> i thought mine was bad but that's a lot of little loops there. it is unclear whether they will have to send him to school again to figure out how to write his name so you can read it when it shows up on the currency. timothy geithner had kind of a loopy signature in the past and then said that he had to tweak it whethn it showed up on the currency. unclear yet whether or not they will send him back to school to learn how to sign his name. >> i like how our colleague, carol costello referred to it, like a slinky gone out of control. >> reporter: that's a good one. >> i want to switch gears a little bit. that's about another nomination that's going to have to be made because we have had another resignation, hilda solis, the labor secretary, announcing she is wanting some more fa
nonetheless, jack lew, widely expected to get confirmed. >> i am sure we are only beginning to hear the bonafides and the criticism. it's his signature. if he becomes the treasury secretary, that thing is go to be everywhere. it is that series of crazy loop deloos. aren't they talking about this being an issue? >> i thought mine was bad but that's a lot of little loops there. it is unclear whether they will have to send him to school again to figure out how to write his name so you...
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first president obama is just nominated jacob jack lew to be the next treasury secretary. lew has been the chief of staff and described as a consummate washington insider. he has done two stints at the office of management and budget. an old cog eel of his told me yet experience makes him the perfect choice for the job right now. >> it is described as the central nervous system and everything of consequence goes through it. it coordinates the branch for the president like the chief operating officer role. in that, jack has been exposed to every type of policy and issue and regulation. it's a huge gambit of issues and terrain that he is an expert on the depth he can bring on a number of issues, especially economic policy. >> that makes lew more than qualified to negotiate the debt debates and republicans in congress. wall street doesn't like him so much. who cares what wall street thinks. to many that makes him more palatable. the president made the right choice with tim geitner because the world was teetering on financial collapse. he knew the ins and outs of wall street a
first president obama is just nominated jacob jack lew to be the next treasury secretary. lew has been the chief of staff and described as a consummate washington insider. he has done two stints at the office of management and budget. an old cog eel of his told me yet experience makes him the perfect choice for the job right now. >> it is described as the central nervous system and everything of consequence goes through it. it coordinates the branch for the president like the chief...
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is jack lew's signature. before he worked at the white house he worked at hostess as a cupcake icer. >> is that your kigt or are you testing to see if the pen works? the only way that you're allowed to have that as your signature is if your name is boing boing boing boing boing. >> perhaps our future treasury secretary. >> that's so funny. thanks, john, appreciate it. >>> lance armstrong, is he going to admit to doping? he's sitting down with oprah next week, his first interview since he was stripped of his seven tour de france titles and banned for life. the rumor is he's going to use that interview to admit he took performance enhancing drugs for years. howard kurtz host of "reliable choices" and lauren ashburn, editor-in-chief of "the daily gallow." nice to talk to both of you. do you think he has to confess if he's going to sit down with oprah? >> what else is he going to do? is he going to talk about his family? he has to do something, right? but the problem is i don't think oprah is oprah anymore. do yo
is jack lew's signature. before he worked at the white house he worked at hostess as a cupcake icer. >> is that your kigt or are you testing to see if the pen works? the only way that you're allowed to have that as your signature is if your name is boing boing boing boing boing. >> perhaps our future treasury secretary. >> that's so funny. thanks, john, appreciate it. >>> lance armstrong, is he going to admit to doping? he's sitting down with oprah next week, his...
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everyone is wondering if jack lew will change what some people call his ridiculous signature. it looks like a slinky that's about to come unhinged. we're getting ahead of ourselves. >>> let's talk about something we know. let's talk who could be taking home an award. >> nominees best performance by an actor in a leading role or. daniel day lewis in "lincoln." denzel washington in "flight." hugh jackman in "les miserables." bradley cooper and joaquim phoenix in "the master." >> we'll have nominees in entertainment and night life expert in about 15 minutes. >>> all right. this bit of news just into us. two school buses kwlieded in new jersey. officials don't think there were children on one from the buses. actually there's conflicting reports. we don't know who was on the bus. we know 16 people were hurt on one of the buses. one of the buses was called an academy bus. one was like a mini school bus. most of the sirs occur on the bigger bus. one flipped on its side the other veered off the roadway into the grass and remained upride. there appears to not be as many injuries
everyone is wondering if jack lew will change what some people call his ridiculous signature. it looks like a slinky that's about to come unhinged. we're getting ahead of ourselves. >>> let's talk about something we know. let's talk who could be taking home an award. >> nominees best performance by an actor in a leading role or. daniel day lewis in "lincoln." denzel washington in "flight." hugh jackman in "les miserables." bradley cooper and joaquim...
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lew, is going to be nominated to become the next treasury secretary. he would replace timothy geithner. the search is on now for a new labor secretary now that hilda s solis has announced she's stepping down. staying on the job for now is attorney general eric holder. he'll be working with the vice president on those new gun control measures that we heard biden talk about just a few minutes ago. he could leave by the end of the year. the white house also announcing health and human services secretary, kathleen sebelius, is going to continue to serve in the president's second term. >>> and today, of course, is hollywood's biggest morning. the oscar nominations will be revealed in less than 90 minutes. some films are considered to be shoo-ins for nomination. lots of drama, though, in this case. a nischelle turnpike e turner is angeles for us today. >> reporter: the good thing about the academy is they like to zig when other folks zag so there could be five to ten nominations for best picture this morning. conventional wisdom is it's been a really good ye
lew, is going to be nominated to become the next treasury secretary. he would replace timothy geithner. the search is on now for a new labor secretary now that hilda s solis has announced she's stepping down. staying on the job for now is attorney general eric holder. he'll be working with the vice president on those new gun control measures that we heard biden talk about just a few minutes ago. he could leave by the end of the year. the white house also announcing health and human services...